International News
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Maersk upgrades guidance after strong second quarter
Wednesday 07 Aug 2024
(Sharecast News) - Maersk reported a significant improvement in its second-quarter financial performance on Wednesday, driven by strong volume growth across all of its business segments. Read More
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Novo Nordisk lifts sales outlook but Q2 profits miss the mark
Wednesday 07 Aug 2024
(Sharecast News) - Shares in Novo Nordisk slumped in Copenhagen on Wednesday after the Danish pharma group missed forecasts with its second-quarter profits and cut its earnings guidance for the full y... Read More
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German industrial production jumps more than expected in June on auto output
Wednesday 07 Aug 2024
(Sharecast News) - Industrial production in Germany jumped in June, led by a partial rebound in output from the auto sector. Read More
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BoJ's Uchida says rates won't rise when markets unstable
Wednesday 07 Aug 2024
(Sharecast News) - Bank of Japan deputy governor Shinichi Uchida said the central bank would not lift interest rates when the markets are unstable, in response to this week's volatility that saw a mas... Read More
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US close: Stocks rebound from Monday's sell-off
Tuesday 06 Aug 2024
(Sharecast News) - Wall Street stocks closed higher on Tuesday as major indices bounced back from heavy losses recorded across global markets a day earlier. Read More
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Europe close: Stocks stage small rebound after global sell-off
Tuesday 06 Aug 2024
(Sharecast News) - European stocks edged higher on Tuesday after dropping to a six-month low the previous session, though the rebound was relatively mild with investor confidence still dampened by the... Read More
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US open: Stocks higher following Monday's sell-off
Tuesday 06 Aug 2024
(Sharecast News) - Wall Street stocks were in the green early on Tuesday as major indices bounced back from heavy losses recorded across global markets a day earlier. Read More
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US trade deficit shrinks less than expected
Tuesday 06 Aug 2024
(Sharecast News) - The US trade deficit narrowed in June, pulling back from its highest level in 20 months, according to the Bureau of Economic Analysis, but still came in above market forecasts. Read More
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Caterpillar beats profit forecasts despite revenue fall
Tuesday 06 Aug 2024
(Sharecast News) - Caterpillar announced a mixed set of second-quarter results on Tuesday, marked by a slight decline in revenue but a solid profit margin. Read More
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Uber beats expectations with strong second-quarter growth
Tuesday 06 Aug 2024
(Sharecast News) - Ride-hailing and delivery giant Uber Technologies reported a strong set of second-quarter results on Tuesday, surpassing Wall Street expectations and showing significant year-over-y... Read More
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US pre-open: Futures higher following Monday's sell-off
Tuesday 06 Aug 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday as major indices look to bounce back from heavy losses recorded across global markets in the previous session. Read More
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Monte dei Paschi upgrades profit outlook and payout ratio
Tuesday 06 Aug 2024
(Sharecast News) - Shares in Monte dei Paschi rose strongly on Tuesday after the Italian bank upgraded its payout ratio following a strong second quarter, and signalled it was close to selling its Fre... Read More
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Asia report: Japan rebound leads regional gains
Tuesday 06 Aug 2024
(Sharecast News) - Markets across the Asia-Pacific region showed mixed performances on Tuesday, with Japan leading the charge after a historic rebound in its stock market. Read More
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Eurozone construction downturn worsens further in July due to housing
Tuesday 06 Aug 2024
(Sharecast News) - An already deep downturn in euro area construction intensified slightly more last month, the results of a survey revealed. Read More
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Saudi Aramco to return $124bn to shareholders in FY24
Tuesday 06 Aug 2024
(Sharecast News) - State-owned petroleum and natural gas company Saudi Aramco will return more than $120.0bn to shareholders in FY24 following a "market-leading performance" during H1. Read More
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Euro area retail sales dip a tad more than expected in June
Tuesday 06 Aug 2024
(Sharecast News) - Retail sales inside the single currency bloc slipped by a tad more than expected in June. Read More
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German factory orders rise for first time this year
Tuesday 06 Aug 2024
(Sharecast News) - Factory orders in Germany in June rose for this year, smashing forecasts following a decline the previous months, according to data from the Federal Statistical Office on Tuesday. Read More
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RBA keeps rates unchanged but says inflation 'too high'
Tuesday 06 Aug 2024
(Sharecast News) - Rate-setters Down Under kept policy unchanged but sounded a hawkish note on the outlook for rates. Read More
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US close: Dow Jones sheds more than a thousand points amid recession fears
Monday 05 Aug 2024
(Sharecast News) - Wall Street stocks closed sharply lower on Monday amid fears that a potential US recession may be on the horizon. Read More
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Europe close: Stocks pummeled as global carry trade continues to unwind
Monday 05 Aug 2024
(Sharecast News) - European shares were sharply lower again at the start of the week, although the selling did abate a bit and appeared to be centred on some of the most popular 'carry trades' globall... Read More
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